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[Funding News] GA-based EnviroSpark Secures $50Million in Funding

EnviroSpark, a electric vehicle (EV) charging company, secures $50million in funding from Basalt Infrastructure Partners from Basalt Infrastructure Partners.

EnviroSpark, a electric vehicle (EV) charging company, secures $50million in funding from Basalt Infrastructure Partners from Basalt Infrastructure Partners.

With the money, the firm plans to develop its technology, broaden its owned and controlled network throughout the United States, and improve the sustainability and accessibility of EV infrastructure.

EnviroSpark, under the direction of Aaron and Stephanie Luque, is an expert in the planning, implementation, and management of EV charging systems. To far, the business has installed more than 8,200 charging ports across North America.

Read also – [FUNDING NEWS] CA-based Lamini Secures $25Million in Seed and Series A Round Funding

Leading companies in a number of industries, including RaceTrac, Waffle House, IHG Hotels & Resorts, Ford Dealerships, HHHunt, and Asset Living, have recently entered into strategic alliances with EnviroSpark. Apart from its collaborations with Tesla, Volkswagen, Starwood Capital Group, and Volta (which was recently bought by Shell), the firm has also established a cooperation with the General Services Administration of the United States Federal Government.

Aaron Luque said: “With strategic support from Basalt, we are poised to accelerate our mission of fostering sustainable transportation solutions. This investment not only fuels our expansion efforts but also reinforces our commitment to making electric mobility accessible and convenient for all.“

About EnviroSpark

EnviroSpark, which was established in 2014, is a pioneer in the design, implementation, and management of electric vehicle charging systems. The firm was established with two goals in mind: to expand the availability of EV charging infrastructure and to enhance public knowledge of the advantages of electric cars.

With more than 8,200 charging ports installed and contractor licences granted by EVITP from coast to coast, they have mastered the art of effectively addressing the issues that drivers and properties face. They can’t wait to impart that information to you.

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